Understanding Escrow Accounts - 10-Minute Mortgage Class

To escrow, or NOT to escrow? This is just one of MANY questions people have about mortgage escrow accounts. What is an escrow account? How does it work? Can I get rid of an escrow account? In this episode of 10-Minute Mortgage Class we're going to take a deep dive into the subject...so deep in fact that it is far longer than 10 minutes.

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Bio: I have worked as a mortgage loan officer since 2005 and have closed nearly $500 million in loan volume. With my zero-pressure, consultative approach, I'm a great fit for first time home buyers, but also for anyone that is looking for high quality, transparent mortgage information. Licensed to lend in all 50 states, I'd love to hear from you, whether you are looking to purchase a home or refinance. I live in St. Louis, Missouri, with my wife Rachel, along with our 3 cats and 10 chickens.

About Paramount Bank: We are a mortgage-focused bank and direct lender, with access to nearly every mortgage program in the universe: Conventional, FHA, VA, Jumbo, Construction, Renovation, Bridge Loans and specialty programs for self-employed borrowers.


NMLS# 374393. Vice President/Mortgage Banker at Paramount Bank NMLS 551907. Equal Housing Lender. FDIC Insured.